T. Rowe Price, Nvidia, a16z invest in Databricks The $500 million round comes on the heels of a big acquisition for Databricks. Fortune · Sep 14, 2023
The inside story of how one of the biggest A.I. deals of the year came together, told by the CEOs Databricks was interested in an acquisition—but first MosaicML’s CEO had to be convinced that he wouldn’t be buried in bureaucracy. Fortune · Jul 21, 2023
How a chance meeting between two A.I. CEOs led to a $1.3 billion deal A new Fortune report details the story behind Databricks’ acquisition of MosaicML. Fortune · Jul 20, 2023
A chance meeting between two CEOs ended up sparking one of the biggest A.I. deals of the year. A chance meeting between two CEOs ended up sparking one of the biggest A.I. deals of the year. Fortune · Jul 19, 2023
Databricks says it’s buying MosaicML in a bid to ‘democratize A.I.’ MosaicML’s venture investors aren’t cashing out with the sale, but early backers are on track to make “significant double-digit cash-on-cash returns” when Databricks does exit. Fortune · Jun 27, 2023